Form 4: Freshworks Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Sameer K. Gandhi, a director at Freshworks Inc., received a grant of 1,710 fully-vested restricted shares as compensation for the first quarter of 2026.
Summary
- Sameer K. Gandhi, a director of Freshworks Inc., was granted 1,710 fully-vested restricted shares of Class A Common Stock on April 1, 2026.
- This grant was made in lieu of cash compensation under the company's Non-Employee Director Compensation Policy for the first quarter of 2026.
- The number of shares was determined by dividing the equity value by the average closing price of the common stock over the 30 trading days preceding April 1, 2026, rounded down.
- Following this transaction, Gandhi's beneficial ownership includes 66,088 direct shares and various indirect holdings through trusts and investment funds.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it pertains to standard director compensation and does not contain significant financial performance data or strategic shifts.
Positives
- Director compensation is being aligned with company stock performance through equity grants.
- The grant is fully vested, providing immediate benefit to the director.
- The transaction reflects a standard practice for director compensation, indicating stable corporate governance.
Risks
- Indirect beneficial ownership through various trusts and investment funds may obscure the reporting person's true pecuniary interest and control.
- The disclaimer of beneficial ownership for securities held by trusts and investment funds, except to the extent of pecuniary interest, could be a point of scrutiny.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which details a director's stock compensation.
Industry Context
StockSavvy.ai notes that the use of restricted stock grants for director compensation is a common practice in the technology sector, aligning director interests with those of shareholders and reflecting industry norms for executive and board remuneration.
Stakeholder Impact
- Shareholders: The grant aligns director interests with shareholders by providing equity compensation, but the specific value and impact depend on future stock performance.
- Employees: This filing does not directly impact employees but reflects the company's compensation policies for its board.
- Management: The filing details compensation for a director, which is a standard aspect of corporate governance.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Transaction Date and Earliest Transaction Date for the grant of restricted stock. |
| 04/02/2026 | Date the Form 4 was signed. |
Keywords
Freshworks Inc., FRSH, Form 4, Director Compensation, Restricted Stock, Equity Grant, Beneficial Ownership, SEC Filing
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